GDO gold one international limited

change-of-control deal, page-9

  1. 4,688 Posts.
    lightbulb Created with Sketch. 631
    Is it fair to say that the Rand acquisition must have muddied the waters and that as due diligence plays out it could well be that Management has added substantial value in the process.

    If the Chinese 17% stakeholders were in any doubt re paying 53cents, then surely they would have opted to come to the table, rather than see the sp stimulated by their purchase. I just can not see any other reason to pay the 53cents and I would suggest that indeed as interested parties, they must be considered likely accumulators.

    Trading has slowed to a crawl with 45cents built as a barrier on these lower volume trades, so we can only trust that the afternoon will see a resurgence. Otherwise the accumulation might continue in dribs and drabs.

    A trading halt must surely be in the wind though. Just my person take on things.

    esp.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.